IMF: RP's BOP surplus at $6-B this year
Posted at 11/25/2009 4:36 PM | Updated as of 11/25/2009 5:18 PM
MANILA - The International Monetary Fund (IMF) said on Wednesday that the Philippines should record a balance of payments surplus of $6 billion in 2009, higher than a previous estimate made by the institution of a $4.9 billion surplus.
Il Houng Lee, the head of an IMF mission that has just concluded a visit to Manila, also said that the BOP surplus in 2010 should amount to $4.5 billion.
Printer-friendly version
Send to friend
